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Compared to Estimates, Sunrun (RUN) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2025, Sunrun (RUN - Free Report) reported revenue of $504.27 million, up 10.1% over the same period last year. EPS came in at $0.20, compared to -$0.40 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $493.97 million, representing a surprise of +2.09%. The company delivered an EPS surprise of +190.91%, with the consensus EPS estimate being -$0.22.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Sunrun performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Solar Energy Capacity Installed for Subscribers: 375 MW versus the five-analyst average estimate of 176.85 MW.
  • Networked Solar Energy Capacity: 7,721 MW compared to the 8,009.15 MW average estimate based on three analysts.
  • Revenue- Customer agreements and incentives: $402.92 million versus the six-analyst average estimate of $378.92 million. The reported number represents a year-over-year change of +24.8%.
  • Revenue- Solar energy systems and product sales: $101.35 million versus the six-analyst average estimate of $114.44 million. The reported number represents a year-over-year change of -25.1%.
  • Revenue- Solar energy systems: $40.07 million compared to the $57.83 million average estimate based on four analysts. The reported number represents a change of -38.4% year over year.
  • Revenue- Incentives: $21.56 million compared to the $32.02 million average estimate based on four analysts. The reported number represents a change of +14.5% year over year.
  • Revenue- Products: $61.28 million versus $59.26 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -12.7% change.
  • Revenue- Customer agreements: $381.36 million versus $346.90 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +25.4% change.
  • Gross Profit- Solar Energy Systems and Product: $4.55 million versus the four-analyst average estimate of $6.12 million.
  • Gross Profit- Customer Agreements and Incentives: $94.29 million compared to the $56.14 million average estimate based on four analysts.
View all Key Company Metrics for Sunrun here>>>

Shares of Sunrun have returned -6.9% over the past month versus the Zacks S&P 500 composite's +8.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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